Taylor Wessing elects PE lawyer as new senior partner

Taylor Wessing has become the latest firm to announce a management change, this time electing Dominic FitzPatrick as its new senior partner.

FitzPatrick replaces real estate partner Adam Marks in the role, who will resume his role as a partner in the practice. Marks was re-appointed to a second three-year term in 2014.

His successor FitzPatrick is a partner in the firm’s private equity group and is also head of the firm’s energy team in London.

He has spent his entire career at Taylor Wessing, joining the firm as an articled clerk in 1990 and making partner in 1998.

UK managing partner Tim Eyles said: “I congratulate Dominic FitzPatrick on his election as senior partner.

“He has shown true loyalty to the firm, having spent his entire working life at Taylor Wessing, and continues to be a strong partner in our prospering private equity team. The UK executive board and I look forward to working closely with Dominic to deliver on our ongoing objectives.”

The news comes a week after it was revealed that Eyles is to stand down next October after nine years at the helm of the firm.

He has decided to not run for the top spot again, finishing his tenure in charge of the firm at the end of this third term. The election dates for his replacement have not yet been set.

Under Eyles’ and Marks’ leadership Taylor Wessing posted global revenue of £270m in 2016/17. This was the second financial year since the firm opted to implement an all-equity partnership in the UK following a restructuring review.

The firm has had a trend of single digit revenue growth, last posting double-digit growth in the UK 2011/12 when turnover smashed through the £100m mark.

Clifford Chance, Ashurst, Sidley Austin and Locke Lord have all announced top tier leadership changes in the last few days.